The Real Deal | September 29, 2026
The Real Deal featured the $12 million sale of the Courtyard by Marriott Newark Silicon Valley, a transaction arranged by Oliver Shah of Atlas Hospitality Group. Stay Cal Hospitality acquired the hotel after it had previously entered receivership following a loan default by its longtime owner.
The article cites Atlas Hospitality data showing that the sale price of approximately $66,200 per room was 39.4% below the 2025 Northern California median. It also places the transaction among several recent sales of distressed East Bay hotels.